Legal questions on Business Law

Regarding Termination by a company.

Sir,Ma'am, I recently started working in a company of bpo sector and I was a fresher when I joined the company. I have worked for 2 months in the company. In the first month it was all good but in the second month I the team leader(TL) became like enemy as I had opposed his wrong actions as he was misusing his authorities. On the day when I reached office then TL said that you will not login ...

Company release and pf

Hi, Iam working now with an MNC and while working here for 8 months suddenly I got to know my previous company has denied my release while they have sent the release letter via mail and also in courier,I have tried talking with the personnel of my previous company in person but not getting any solution,My previous company is now telling me that during the period I worked I had done some discre...

Money lending act karnataka

Sir, I am from karnataka, i have taken a hand loan of rs. 1lac in year 2013, at the rate of 3%, but after 15 days of getting the loan he came and took a writing from me with thumb impression and asked to mention interest rate as agreed without mentioning the exact interest rate as per agreed, once he got it he asked me to pay 6%, when I refused he asked to pay back the principal amount with 500...

Harassed by Supervisor

Dear Respected Members, I was employed with one of the eminent organization in Gurgaon till 11-Aug-18 (Resident in Delhi). I want to file a complaint against my Supervisor. Since I joined his project (Nov-2017), his attitude towards me was really harsh. He always humiliated me by making insensitive and personal comments like “I don’t deserve to work here”, and “whoever promoted me in my last p...

Mental harassment

I'm working in a private sector called think7 business systems private limited joined on April 2nd 2018, during the interview they told they pay as per the previous company salary only. At that time I wanted job so I didn't speak with the CEO regarding the salary. After 2 months of working I privately sent a message by pleasing the CEO to, if possible please atleast increase the salary to 2k to...

Forced to get into another rent agreement by family member

I am a shopkeeper.Last November 2017 I gave advance by cheque for a shop to Mr.x . Without any legal documentation,and he gave me the key of the room and I took possession.He told me to open my shop.After some days we both agreed to do an agreement later.I have also paid him 1 month rent by cash.After opening of my shop within 4 weeks all on a sudden he passed away due to heart attack.Later I c...

Share certificate lost from karvycomputershare

Issue: We have sent a physical share certificate of Kotak Mahindra Bank for split to Karvy head-office but never received the split shares back. As per karvy they have sent it to us using registered AD however we never received it, on following up with post office, they are saying they lost the post sent from karvy. and karvy acknowledged it. We as a customer don't know what karvy se...

Firing the Managing Director by Shareholders of a Private Ltd Co

Our company is owned by two families. Family A holding 75% of shares distributed equally between 3 brothers and Family B holding 25% shares by a single person. Family A has only one Director (A1)in the board and also the person running the company and Family B has two directors including the Managing Director (80 Years old) (B1 and B2). Directors B1 and B2 entered into an MOU to pay a huge a...

Removing watchman from our apartment

We appointed a watchman a year back.He had been inflenced by two tesidents of our apatment n that to ladies. He started working everything for those two ladies. He always abuse n quarell with the flat owners. Everytime the above mentioned ladies support him in such cases. We conduct meeting n take the decisions, butthose two ladies go to presidents house n discuss the same issue n take decision...

Bankruptcy

I bought goods on credit from various Traders for my retail shop since I had no capital to invest. After some years I find that I haven't been able to make full payments and my debts accumulated to about Rs.15 lakhs and my shop is also out of business. I have no stock of goods or money to make these payments. My indirect expenses were so high that my profit margin could not cover them and thus ...